After a slight rebound with a bullish morning star formation at S$11.55, the stock is likely to continue its bullish upside. Furthermore, prices have briefly broken out of the falling wedge. A successful break above key resistance zone at S$12.04 will further confirms the falling wedge
Looking towards a down trend, currently trending on the resistance line at 9.60 with further room for downward trend.
Lowest 3 month target - 8.93
Highest 3 month target - 10.03
Whats your opinion?
